article thumbnail

How Federal Debt May Impact Banking

South State Correspondent

Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges. By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050.

article thumbnail

The Gig Economy Gets Ready To Scale

PYMNTS

The gig economy is set to expand and take on new importance as the nation and world recover from COVID-19. As is the case today, albeit on a far smaller scale, the market crash of 2008 left millions unemployed and scrambling. workforce is expected to freelance by 2028.”.

article thumbnail

Fashion Forward: How Tech Is Targeting Waste & Pollution In The $2.4T Fashion Industry

CB Insights

Moreover, a 2018 survey found that sustainability is likely to be a crucial buying factor for mass market apparel consumers by 2025. The secondhand economy is projected to reach $64B by 2028, according to CB Insights’ market sizing tool. Future-forward biotech. Turning pre-loved into re-loved. Source: ThredUp.